BANK OF THE SOUTHWEST HISTORY
- Bank Name:Bank of the Southwest
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #2247
- Locations:11 Branches in New Mexico
Bank of the Southwest was founded on March 18, 1930 and has been serving the financial needs of their customers for over 94 years.
Bank of the Southwest currently operates with 11 branches located in New Mexico as a subsidiary of New Mexico National Financial Incorporated. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Bank of the Southwest, including mergers and acquisitions.
DATEEVENT
03-18-1930Institution established. Original name: Hot Springs National Bank.
06-01-1977Changed Trust Powers to None.
06-02-1978Institution withdraws from membership in the Federal Reserve System.
06-02-1978Changed Chartering Agency to State.
06-02-1978Changed Institution Name to Western Bank.
04-26-1989Changed Institution Name to FirstBank Truth or Consequences, New Mexico.
11-17-1992Changed Institution Name to Bank of the Southwest.
08-27-1993Acquired FirstBank, Farmington, New Mexico (19025) in Farmington, NM.
01-09-1995Main Office moved to 226 North Main Street, Roswell, NM 88201.
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